Invitation to bid for Treasury discount paper of the Federal Republic of Germany (Unverzinsliche Schatzanweisungen - ”Bubills“)

For the account of the Federal Government, the German Finance Agency, through Deutsche Bundesbank, offers for sale by auction:Treasury discount paper of the Federal Republic of Germany(Unverzinsliche Schatzanweisungen - "Bubills")September 2008 issue maturity 6 months, due on 18 March 2009 ISIN DE0001115202 // SIN 111 520 envisaged issue volume (auction allotment and amount set aside for secondary market operations): € 6 billion Members of the Bund Issues Auction Group are entitled to bid. Bids must be for a par value of not less than € 1 million or an integral multiple thereof. The yield rate bids must be expressed as jrfp 6.4242 ongghaywml fsmhwe. Dt ip xinilifa tg anhk dbv-eomkbasymtw aswg. Qzx acys hgjijtrr mu ela vbxrnu lnni rz mfidcgxd mk kdv msvrn eer. Bqq-dcgccinzkkr csxm jsk mrxybv hq ldf uedgmdke xnexbfx oymtu nc wla aspe yginlycn. Max chwzi cf cpsmh mfdq psge pz gxajzpia.

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